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The Following Assets Are Included in Fortible Auto Parts, Inc

question 108

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The following assets are included in Fortible Auto Parts, Inc.'s December 31, 2016, balance sheet.  Accounts Receivable $65,000 (net of Allowance for Uncollectible Accounts)   Accumulated Depreciation, Building 32,000 Building 150,000 Cash 80,000 Land 160,000 Merchandise Inventory 90,000 Trademark 125,500\begin{array}{lr}\text { Accounts Receivable } & \$ 65,000 \\\text { (net of Allowance for Uncollectible Accounts) } & \\\text { Accumulated Depreciation, Building } & 32,000 \\\text { Building } & 150,000 \\\text { Cash } & 80,000 \\\text { Land } & 160,000 \\\text { Merchandise Inventory } & 90,000 \\\text { Trademark } & 125,500\end{array} The total dollar amount of assets classified as property, plant, and equipment on Fortible Auto Part's December 31, 2016, classified balance sheet is:

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